House Hack and rent out my current home advice

[Nate Wilson]

I am currently looking at purchasing a new property where I can house hack and rent out my current home. I am located in NH, and am looking at a house that has an ADU. The property is listed for 439K and taxes would be $7200 a year. I would rent out the house and live in the ADU. I believe the house would rent for $2700 a month and would leave me with about $400 profit without factoring in vacancy, repairs, capital expense and property management. With property management, vacancy, repairs, and capital expense I would be $450 under. This property would also include me putting $90,000 down. Also, my current house I would break even on after vacancy, repairs, capital expense, and property management. Both houses are pretty new. The one I am looking at is a 2005 and my current home is 1987. I expect both properties to appreciate at market value.

Am I better off putting my money elsewhere?  Any advice would be helpful. 

	New House- Living		New House- Not Living	Old House
Income	2700		3700		2000
Expense
Tax	600		600		433
Insurance	100		100		150
Water
Heating
Electric
Snow Rem.
Vacancy	135		185		100
Repairs	135		185		100
Cap. Ex.	270		350		200
Prop. Mgt	216		216		160
Mortgage	1700		1700		875
Total	3156		3336		2018